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- U.S. editorial excerpts -3-
- NEW YORK, July 24 Kyodo Selected editorial excerpts from the U.S. press: HOUSING BILL HAMMERS TAXPAYERS (The Wall Street Journal, New York) Combine a housing meltdown with election-year politics and the results were not going to be pretty. Add a crisis in confidence in ...
- Research articles 2008-07-28
- Spike in US budget deficit: Congressional report
- WASHINGTON AFP — The US budget deficit is expected to rise to 1.5 percent of the economy in the current fiscal year, up from 1.2 percent in 2007, due to economic weakening, the US Congress's budget agency said Wednesday. The nonpartisan Congressional Budget Office forecast the budget deficit would...
- Research articles 2008-01-23
- Press Briefing by Dana Perino
- WASHINGTON -- James S. Brady Press Briefing Room 1:49 P.M. EST MS. PERINO: First, a note for Connie Lawn, who is celebrating 40 years in the business. And she brought treats for everybody in our office, which you're welcome to partake in. (Applause.) Yea for Connie. The...
- Research articles 2008-01-23
- Interest rates and fiscal sustainability
- As baby boomers reach retirement age, concerns over the future path of federal spending on entitlement programs grow among orthodox economists. Researchers closely tied to the "generational accounting" literature (i.e., Kotlikoff 1992) have been particularly prominent here. These economists have developed a measure that they call the "fiscal imbalance"--which they...
- Research articles 2007-12-01
- Congress estimates US budget deficit to fall to 158 billion dlrs
- WASHINGTON AFP — The federal budget deficit is coming down faster than expected and will likely be reduced to 158 billion dollars for the current fiscal year, the Congressional Budget Office said Thursday. The nonpartisan research office said the deficit for fiscal 2007, which ends September 30, would be...
- Research articles 2007-08-23
- Congress Continues To Debate Internet Tax Freedom Extension
- In February, Rep. Anna G. Eshoo (D-Calif.) introduced the "Permanent Internet Tax Freedom Act of 2007," seeking to extend the moratorium on Internet access taxes and duplicative taxes on e-commerce permanently. The moratorium applies to a variety of Internet services, including digital subscriber line DSL, cable...
- Research articles 2007-05-29
- Nightly Business Report
- PAUL KANGAS, NIGHTLY BUSINESS REPORT ANCHOR: Stocks continue their climb higher amid a host of deals and stronger-than-expected earnings from Wal-Mart. The Dow Jones Industrial Average adds 19 points to close at its fourth straight record high. The NASDAQ Composite adds 16. ...
- Research articles 2007-02-20
- CBO MEETING
- According to Oman News: The Central Bank of Oman CBO will host tomorrow Monday and after tomorrow the fourth meeting of the consultancy group for monitory authority for training initiative for the Middle-East region and North Africa. The meeting will be held under the auspices of Hamoud bin Sanjour al-Zidjali,...
- Research articles 2007-01-23
- OMAN: CBO - MEETING.
- According to Oman News: The Central Bank of Oman CBO will host tomorrow Monday and after tomorrow the fourth meeting of the consultancy group for monitory authority for training initiative for the Middle-East region and North Africa. The meeting will be held under the auspices of...
- Research articles 2007-01-22
- US budget deficit reduced to 250 billion: CBO
- WASHINGTON AFP — The US federal budget deficit fell to 250 billion dollars in the fiscal year concluded September 30, the Congressional Budget Office estimated. The preliminary deficit estimate by the nonpartisan budget office in Congress was well below the US administration's estimate of a 296 billion-dollar shortfall in July,...
- Research articles 2006-10-06
- Passing revamp of immigration may be easy part
- WASHINGTON -- Congress is having a difficult time reaching an agreement on how to overhaul the nation's immigration and border security systems. Finding the money, manpower and technology to make a fix work may be even more difficult. An immigration enforcement bill the House of Representatives passed in December...
- Research articles 2006-05-05
- DNC: Republican Budget and Fiscal Recklessness Undermines the Security of American Families
- WASHINGTON, March 17 /U.S. Newswire/ -- The following was released today by the Democratic National Committee: What a difference a week makes. A week ago Republicans pledged to restore fiscal discipline to Washington during their leadership conference in Tennessee, but just this week voted against the priorities of working families,...
- Research articles 2006-03-17
- Airline bankruptcies deepen US pension crisis: Congress
- WASHINGTON AFP — The latest airline bankruptcies are deepening the crisis in private pensions, which now threaten to leave the US government with a 141.9 billion dollar liability, a congressional report said. The Congressional Budget Office report said the 20-year unfunded liabilities of the Pension Benefit Guaranty Corporation are...
- Research articles 2005-09-15
- Editorials.(News)(Editorial)
- Tax cuts can't be justified at this time It's only a matter of time before front-page accounts of unspeakable human suffering and massive property damage are followed by stories of astronomical financial costs. Congress on Thursday approved emergency relief spending of $51.8...
- Research articles 2005-09-09
- Congressional forecasters see dent to US growth from Katrina
- WASHINGTON AFP — Hurricane Katrina could slow down US growth by 0.5 percent to 1.0 percent for the rest of the year with the loss of 400,000 jobs, the Congressional Budget Office said. Preliminary estimates suggest that privately insured losses from Katrina "could exceed 30 billion dollars," compared with...
- Research articles 2005-09-07
- Deficit lower for short term, analysts say
- WASHINGTON -- Congressional forecasters said Monday the federal deficit this year, though still huge, won't be as bad as originally projected -- a welcome turn for President Bush, who inherited healthy surpluses four years ago and saw them disappear in a sea of red ink. At the same...
- Research articles 2005-08-16
- Conference Call Briefing: Is The Deficit Under Control? An Examination of CBO's Revised Budget Outlook
- News Advisory: WHEN:Monday, August 15, 2005 at 2:15 p.m. ET WHAT:IS THE DEFICIT UNDER CONTROL? An Examination of CBO's Revised Budget Outlook WHO:With Center staff: Jim Horney, Senior Fellow; and Richard Kogan, Senior Fellow The Center on Budget and Policy Priorities will hold a conference call briefing...
- Research articles 2005-08-11
- Bush budget kisses goodbye to surplus projection: Congress
- WASHINGTON AFP — The budget plan proposed by President George W. Bush would keep the US government in deficit over the next 10 years, a preliminary analysts by the Congressional Budget Office showed. The CBO said that its original budget forecast calling for the deficit to turn into a...
- Research articles 2005-03-04
- Look Out for the Sucker-Punch Tax
- An insidious creature lurking in the tax code is getting ready to sucker punch millions of taxpayers when this year turns into next.The culprit is the Alternative Minimum Tax AMT, which Congress brought into being in 1969 as a seemingly harmless means of appeasing popular opinion by taxing a few...
- Research articles 2005-02-21
- Projections show US budget deficit headed for new highs
- WASHINGTON AFP — The US budget deficit is likely to hit a record 427 billion dollars in fiscal 2005, going deeper into the red as a result of a special funding request for Iraq and the war on terrorism, new estimates showed Tuesday. Senior Bush administration officials disclosed the...
- Research articles 2005-01-25
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